controller1
TUG Member
- Joined
- Aug 14, 2017
- Messages
- 3,042
- Reaction score
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- Points
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- Location
- Tulsa
- Resorts Owned
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Westin KORVN OF
Westin Nanea OF
Westin FLEX
Westin Aventuras increased the reserves by 7% (post #14). While the text does not specify delinquencies, I just do see other reasons to increase them by so much. Let's keep in mind that the peso is down 20% and a lot of the resort expenses should be a lot lower.
Here is some info on bad debt expense for Westin Flex for the budget years of 2019, 2020 and 2021.